JSW Steel Completes Acquisition of Minas de Revuboe Limitada Stake
JSW Steel Limited announced the completion of its acquisition of a 92.19% equity stake and shareholder loans in Minas de Revuboe Limitada (MdR) on March 25, 2026. The acquisition was made through JSW Natural Resources Limited, a wholly-owned subsidiary of JSW Steel.According to a regulatory update, JSW Natural Resources transferred USD 74.24 million to designated escrow accounts to finalize the transaction. This follows previous announcements regarding the acquisition made on May 17, 2024, January 28, 2025, and March 26, 2025.
The information is available on the company’s website at www.jsw.in.
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